MANAGING BUSINESS RESEARCH AND DEVELOPMENT Revision Questions
Define the term "research problem" and explain its importance in the research process
Explain how customer feedback can be gathered through social media platforms.
Describe the steps involved in conducting a business needs assessment.
Identify three methods of gathering customer feedback and discuss their advantages and disadvantages.
Analyze the consequences of not addressing a research problem in a business context.
Compare the use of usability testing and A/B testing in the initial development phase of product development.
Evaluate the importance of establishing clear research objectives when defining a research problem.
Discuss the role of market performance symptoms in identifying a market research need
Illustrate the process of developing a research plan after defining a marketing research problem
Assess the impact of customer success strategies on ongoing product improvement.
Discuss the factors to consider while selecting a method for gathering customer feedback.
Explain the significance of understanding the business environment in establishing a business research problem.
Describe the steps in the formulation of a research problem.
Identify the main questions to ask when establishing a research problem.
Analyze the consequences of alternative courses of action in the context of a business problem.
Evaluate the importance of avoiding vague research problems and ensuring objectivity.
Discuss the role of decision problems and decision opportunities in triggering market research needs.
Illustrate how field visits to potential customers' businesses can provide valuable insights for product development.
Compare the effectiveness of surveys and interviews in gathering customer feedback.
Explain the concept of a decision opportunity and provide an example.
Describe the nature of diary studies and their role in the early phase of product development.
Assess the practical feasibility considerations when formulating a research problem.
Discuss the importance of ethical considerations in the research process.
Explain how resource constraints can influence the formulation of a research problem.
Analyze the role of analytics in the ongoing improvement phase of product development.